Illinois Tool Works Revenue, Profits - ITW Annual Income Statement

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$146.2 $1.31 (0.9%) ITW stock closing price Sep 17, 2018 (Closing)

Looking at financial statements, along with the Illinois Tool Works stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement for ITW which shows a YOY revenue growth of 5.26% is specific to a period of time. Investors typically check YoY or QoQ revenue growth. Revenue for year 2017 is $14.31B and has increased from $13.6B year on year as is evident when you compare the latest figures in the latest Illinois Tool Works profit and loss statement with those of the prior corresponding period. Also see Illinois Tool Works assets and Illinois Tool Works free cash flow for a complete valuation of ITW stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Illinois Tool Works Revenues or Net Sales
14.31B13.6B13.41B14.48B14.14B17.92B17.79B15.87B13.88B15.87B
Cost Of Goods Sold (COGS)8.31B7.9B7.89B8.67B8.55B11.46B11.52B10.24B9.14B10.27B
Illinois Tool Works Gross Profit
6.01B5.7B5.52B5.81B5.58B6.47B6.27B5.63B4.73B5.6B
Research & Development Expense----------
Selling General & Admin Expense2.31B2.42B2.42B2.68B2.82B3.33B3.28B3.06B3.04B3.07B
Income Before Depreciation Depletion Amortization3.7B3.29B3.1B3.13B2.77B3.14B2.99B2.57B1.69B2.52B
Depreciation Depletion Amortization206M224M233M245M252M290M255.33M213.89M308.79M185.44M
Non Operating Income36M81M78M61M72M970M53.83M30.77M-7.35M5.6M
Interest Expense260M237M226M250M239M214M192.13M175.45M164.83M152.47M
Illinois Tool Works Pretax Income
3.27B2.91B2.72B2.7B2.35B3.6B2.59B2.21B1.21B2.19B
Provision for Income Taxes1.58B873M820M809M717M1.11B575.7M684.8M244.3M608.1M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.69B2.04B1.9B1.89B1.63B2.5B2.02B1.53B969.49M1.58B
Extraordinary Items & Discontinued Operations---1.06B49M375M54.37M--22.48M-64.26M
Illinois Tool Works Profit/ Loss (Net Income)
1.69B2.04B1.9B2.95B1.68B2.87B2.07B1.53B947M1.52B
Average Shares used to compute Diluted EPS346.8M357.1M370.1M404.6M449.3M473.2M494.65M503.35M501.92M521.53M
Average Shares used to compute Basic EPS344.1M355M367.9M401.7M446.2M469.8M491.44M500.77M500.18M518.61M
Income Before Nonrecurring Items2.29B2.01B1.9B1.89B1.63B1.94B2.02B1.53B1.1B1.58B
Income from Nonrecurring Items-599M21.02M---554.36M---130.05M-
Illinois Tool Works Earnings Per Share Basic Net
4.905.735.167.333.766.114.213.051.892.93
Illinois Tool Works Earnings Per Share Diluted Net
4.865.705.137.283.746.064.193.031.892.91
EPS Diluted Before Nonrecurring Items6.595.645.134.673.634.094.083.032.193.04
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common2.862.402.071.811.601.481.401.301.241.18
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Illinois Tool Works stock analysis. An investor must check the following items in an income statement:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that ITW stock has a topline or revenue of $14.31B for 2017 as per this Illinois Tool Works revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $1.69B for ITW stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called statement of revenue and expense. The ITW financials along with Illinois Tool Works historical stock prices provide a lot of details about the firm.

Illinois Tool Works Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
26.58
PS Ratio (price sales ratio)
3.32
Operating Margin
24.3
Net Profit Margin
17.4
Dividend Yield
2.13%